Managed Care

 

Premiums Rise, Medical Costs Lag, Says New Survey

MANAGED CARE November 1998. © MediMedia USA
News and Commentary

Premiums Rise, Medical Costs Lag, Says New Survey

MANAGED CARE November 1998. ©1998 Stezzi Communications

Health plan premiums are headed up more steeply in the Southeast than in other areas next year, but the region will experience the slowest growth in per-capita medical costs.

Pennsylvania-based Sherlock Corp., a managed care research and consulting company, reports that nationwide, employers expect premiums to rise significantly — 8.3 percent. Southeastern employers say their premiums are rising, on average, 9.6 percent, while at the low end, purchasers in the Mid-Atlantic region anticipate an average 7.3-percent hike.

Simultaneously, Sherlock foresees a 2.4 percentage-point decrease in medical-loss ratios — translating into a 5.3-percent increase in medical care costs for managed care organizations. Medical-loss ratios will show the most improvement in the Southeast — 5.9 percentage points — while a 1-point rise is predicted in some plains states.

Meetings

Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014